Billionaire Michael Saylor, Executive Chairman of MicroStrategy, has revealed his intention to follow in the footsteps of Bitcoin’s mysterious creator, Satoshi Nakamoto, by donating his vast Bitcoin fortune to benefit civilization. Saylor, who currently oversees a massive Bitcoin stockpile through MicroStrategy, expressed that his legacy extends far beyond material wealth, particularly as he has no heirs.
In a recent interview, Saylor likened his future donation to Satoshi’s own contribution, leaving around 1.1 million Bitcoins to the world. Saylor’s vision for Bitcoin is profound—he sees the cryptocurrency as the foundation for the future of economics, equating its importance to that of steel and electricity.
“Take away steel and electricity, and the economy collapses. Bitcoin is just as fundamental to the future of economic stability,” Saylor said, emphasizing Bitcoin’s role as “clean, silent, programmable, immortal money.”
Saylor also underscored Bitcoin’s resilience compared to traditional fiat currencies, which often lose value due to inflation. He stressed that for companies, families, and endowments to last indefinitely, they must be built on assets that do not degrade over time.
MicroStrategy’s Bitcoin Strategy
Under Saylor’s leadership, MicroStrategy began acquiring Bitcoin in 2020, utilizing billions of dollars from its capital reserves to amass a total of 252,200 BTC—equivalent to roughly 1.2% of Bitcoin’s total supply. This hoard is currently valued at approximately $16.9 billion, positioning MicroStrategy as one of the largest institutional holders of Bitcoin.
While Saylor acknowledged that Bitcoin may not solve all of humanity’s issues, he believes it serves as a powerful source of “economic energy” that could address half of the world’s problems. He views Bitcoin as a transformative technology that will shift economics from an art form into a more precise science.
As Bitcoin continues to rise in value, currently trading around $67,485, Saylor’s steadfast belief in its potential suggests a long-term vision where Bitcoin plays a central role in shaping the future of global economics.